Auction for Sale (Re-issue) of ‘9.20 per cent Government Stock, 2030’ - ఆర్బిఐ - Reserve Bank of India
Auction for Sale (Re-issue) of ‘9.20 per cent Government Stock, 2030’
Government of India New Delhi, dated April 11, 2014 NOTIFICATION Auction for Sale (Re-issue) of ‘9.20 per cent Government Stock, 2030’ F. No.4 (4) W&M/2014(ii): Government of India hereby notifies sale (re- issue) of 9.20 Government Stock, 2030 (hereinafter called the Stock) for an aggregate amount of `. 3,000 crore(nominal).The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific Notification’) as also the terms and conditions specified in the General Notification F. No. 4 (13)–W&M/2008, dated October 8, 2008 issued by Government of India. Method of Issue Allotment to Non-competitive Bidders Place and date of auction When Issued Trading Tenure 6. The Government Stock will be of seventeen years commencing from September 30, 2013. The Stock will be repaid at par on September 30, 2030. Date of issue and payment for the stock 7. The result of the auction shall be displayed by the Reserve Bank of India at its Fort, Mumbai Office on April 17, 2014. The payment by successful bidders will be on April 21, 2014 i.e., the date of re-issue. The payment for the Stock will include accrued interest on the nominal value of the Stock allotted in the auction from the date of last coupon payment i.e., March 30, 2014 to April 20, 2014. Interest By Order of the President of India (Dr. Rajat Bhargava) |